Del Monte Foods (DMFI)

Del Monte reports 1QFY2025 net loss of US$34.2 mil, down from loss of US$13.1 mil last year - THE EDGE SINGAPORE

Results

Del Monte net loss deepens to US$34.2 mil for 1QFY2025

Earnings per share also fell to a loss of 1.76 US cents in 1QFY2025.

Results

Del Monte reports 3QFY2023 earnings of US$9.8 mil, 62.0% lower y-o-y

The group expects to generate a net profit in FY2023 after one-off redemption expenses incurred in the first quarter.

M&A

Del Monte's US subsidiary acquires Kitchen Basics for US$99 mil

The acquisition is accretive to Del Monte's NTA per share and EPS on a pro forma basis.
PhillipCapital initiates 'buy' on Del Monte as turnaround underway  - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital initiates 'buy' on Del Monte as turnaround underway

PhillipCapital, citing an earnings turnaround, has initiated coverage on Del Monte with a "buy" call and target price of 60 cents

Results

Del Monte Pacific posts 3Q loss of US$38.4 mil on one-off expenses from new US tax rates

SINGAPORE (Mar 8): Del Monte Pacific (DMPL) announced a 3Q18 loss of US$38.4 million ($50.5 million) due to one-off expenses, mainly due to a US$39.8 million write-off of deferred tax assets in the US, due to the change in US Federal income tax rate from
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